In today’s video, we delve into the current state of the oil market, examining the unprecedented level of bearishness amongst hedge funds and money managers. Their ultra-bearish bets on oil are signaling a potential US recession, and these positions are near the most bearish since 2011.
We’ll be discussing these bearish scenarios and what they mean for the oil industry and the US economy. We’ll explore how expectations of Federal Reserve’s rate hikes, China’s slowed rebound from Covid-19 restrictions, possible US default, and uncertainties over OPEC+ output cuts contribute to the bearish bets.
We’ll also highlight the impact of these predictions on the prices of derivatives linked to oil and fuel, how volatility in oil prices could trigger inflation, and how changes in OPEC+ policies could further affect the market.
#OilMarket #Recession #HedgeFunds #OPEC
TOPICS AND TIMESTAMPS:
Oil 0:00
Interest Rates
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Sources Used in This Video:
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#money #inflation #investing #stocks